Big Data for Small Businesses: How To Leverage Big Data for Big Results
data managementBig Data for Small Businesses: How To Leverage Big Data for Big Results
Big data for small business may sound like an oxymoron, but big data is just as necessary for small businesses as it is for large corporations. By leveraging big data for your small business, you can discover meaningful insights that put you a step ahead of the competition.
Big data drives revenue because it delivers deep insights into customer behavior. Then, you use those insights to deliver value based on their needs.
Big data can help you make smarter, faster decisions. Read on to learn more about how to leverage it within your small business.
Big data comes in a few types:
Structured. Structured data is housed within a traditional database like a spreadsheet or SQL database. An example of structured data is a spreadsheet or log of all your customers’ page visits and dates of recent purchases.
Unstructured. Unstructured data is found within non-traditional databases such as email, social media posts, texts, and videos. An example is all the tweets on Twitter that mention your brand name. Unstructured data is by far the most abundant type of big data.
Semi-structured. Semi-structured data is not formatted in a traditional relational database format. Instead, it’s organized to an extent with a certain schema that makes it easier to analyze than unstructured data. An example of semi-structured data is HTML code.
To quote the famous...
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